Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

3
Posts
0
Votes
Jean-jacques M.
  • Investor
  • Paris, Île-de-France
0
Votes |
3
Posts

getring insurance for properties held in foreign state

Jean-jacques M.
  • Investor
  • Paris, Île-de-France
Posted

Hi and thank you in advance for your help.

I have an LLC in state A. It is fully registered, has EIN, bank account, everything.

I am planning to purchase a buy-to-let property in state B. I am told that I can't buy this property through the LLC registered in state A because I will not get an insurance. Insurance companies will demand that LLC and property be located in the same state. That absurd LLC in state A can be registered in state B a foreign entity. That's I was planning to do.

> Does anyone know about insurance companies practice ?

thanks Jack

Loading replies...